$UAI 4-hour MACD forms a bearish crossover below the zero line, after 18 consecutive opposite-direction histogram bars before the crossover.
A beginner’s burning question: How do you read MACD golden and death crosses?
MACD was introduced by Gerald Appel in the 1970s. Its default settings are 12, 26, and 9, and it uses the difference between two fast and slow EMAs to track trend momentum.
Whenever DIF and DEA cross, my hands start itching to trade. Luckily, I checked the definition first.
Understanding an indicator is about being less misled by numbers, not using it to predict tops and bottoms.
#UAI
A beginner’s burning question: How do you read MACD golden and death crosses?
MACD was introduced by Gerald Appel in the 1970s. Its default settings are 12, 26, and 9, and it uses the difference between two fast and slow EMAs to track trend momentum.
Whenever DIF and DEA cross, my hands start itching to trade. Luckily, I checked the definition first.
Understanding an indicator is about being less misled by numbers, not using it to predict tops and bottoms.
#UAI
